Tag Archives: Stock

U.S. stock futures crept higher early Thursday ahead of weekly employment data and Federal Reserve Chair Jerome Powell’s second day of testimony on Capitol Hill. Futures tied to the S&P 500 rose 0.4%, and Dow Jones Industrial futures ticked up 40 points, or just 0.1%. Contracts on the tech-heavy Nasdaq gained 0.7%. In the previous trading session, all three major indexes closed in the red but were little changed. Stocks attempted to sustain this week’s gains after advances of more than 2%… Source link

By Sam Byford TOKYO (Reuters) – Asian stocks slipped across the board on Wednesday, failing to extend Wall Street’s rally as persistent worries about interest rates and inflation remained a key focus for investors, while the Japanese yen hit a fresh 24-year low against the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.39%, still up 1.02% on the more than five-week low it hit on Monday. Tokyo’s Nikkei gave up early gains and was flat. Investors are continuing to… Source link

‘You keep a great stock forever’: Suze Orman’s 5 time-tested tips to get you through inflation and stock market dips In times of hardship, Suze Orman will be the first to tell you that what you don’t do with your money may be even more important than what you do with it. The best-selling personal finance author and TV personality has seen it all in her decades-long career, and she has plenty of advice to help you get through the choppy economic waters ahead. Here are five of her most… Source link

The breakdown in S&P 500 with spike of volume on 13 June 2022 followed by a weak rally up after the Fed’s FOMC pointed to the bearish scenario. The current market development is similar to the global financial crisis in 2008 in terms of both price structure and the market rotation sequence as explained in the video at the bottom of this post. Using Wyckoff Method to Spot the Silver Lining After a more than 10% drop in 6 trading sessions, S&P 500 is right at a vulnerable spot where a stock… Source link

Headquartered in San Francisco, Nextdoor Holdings (KIND) uses technology to connect neighbors with each other and with local businesses. I am bullish on the stock. At the crossroads of e-commerce and social media is a phenomenon known as social commerce, where people and businesses connect digitally and purchases are based on trust instead of just relentless advertising. It’s an intriguing concept in a post-COVID-19 world as lockdowns are lifted and social interaction is permitted and… Source link

[unable to retrieve full-text content]Nextdoor Holdings: Is This Social Commerce Stock Worth …  TipRanks Source link

The Federal Reserve, led by Jerome Powell, raised interest rates earlier this month.Samuel Corum/Getty Images A “stubborn” Federal Reserve has increased the likelihood of a prolonged recession, according to Axonic Capital’s Peter Cecchini.  That’s because the Fed could cause economic whiplash that leads it to cutting interest rates sooner than expected. “The 1970’s drawdown scenario of almost 50% for the S&P 500 is becoming all the more likely,” Cecchini said. The Federal Reserve’s decision to… Source link

U.S. stock futures fell Thursday morning as investors weighed the potential economic costs of the Federal Reserve’s ongoing fight with inflation. Contracts on the S&P 500 fell by more than 2% in early trading, reversing course after rising 1.5% on Wednesday. Contracts on the Nasdaq declined by more than 2.5%, and Dow futures sank by more than 500 points, or 1.8%. The 10-year Treasury yield rose to about 3.44%, hovering near its highest level since 2011. Stocks, which moved initially to the… Source link

Yandex (NASDAQ:YNDX – Get Rating) saw unusually large options trading on Wednesday. Stock investors purchased 1,814 put options on the company. This represents an increase of 1,437% compared to the average volume of 118 put options. A number of equities analysts recently issued reports on the company. StockNews.com cut Yandex from a “hold” rating to a “sell” rating in a report on Monday, March 7th. Citigroup cut their target price on Yandex from $75.00 to… Source link

(Bloomberg) — Robinhood Markets Inc. shares slumped to a fresh low on Wednesday, giving the beleaguered brokerage a market value that’s less than the cash on its balance sheet. Most Read from Bloomberg After posting more than $3 billion of losses since its initial public offering in late July, Robinhood’s shares have plunged more than 80%, cutting its market capitalization to as low as $5.99 billion. The firm had $6.19 billion of cash and cash equivalents at the end of the first… Source link